Stock market news

VK

Apple has removed VK services from the App Store due to British sanctions, a company spokesman told The Verge. Apple has also blocked developer accounts because most of them are owned or controlled by one or more parties sanctioned by the U.K. government.

Tatneft

Tatneft plans to increase oil production to 40.5 million tons by 2030 and to double the company's value. Previous version of strategy, approved in 2018, planned to increase oil production by 2030 by 33% against the 2017 level, to 38.4 million tons. At that time, the company planned to increase its capitalization to $36 billion in the baseline scenario, which...

Positive Technologies Group

Positive Technologies has completed the collection of bids for the SPO. Offering price will be ₽1061.8 per share. Investors will also have the right to purchase one additional share at the SPO price for every four shares purchased in the offering over the next 12 months.

MMC Norilsk Nickel

Bystrinsky GOK, owned by Norilsk Nickel, Interros and the Chinese Hopu fund, paid out dividends of ₽17 billion to shareholders for the first time, Kommersant sources told Kommersant. As of the end of 2021, the project's retained earnings were ₽70 billion. Analysts say earnings may decline in 2023 due to lower copper prices.

Rostelecom

Government of Russian Federation granted Rostelecom status of only supplier of services and goods for the modernization of the GIS of compulsory medical insurance. Operator has right to engage subcontractors, but up to 30% of the total value of obligations under state contracts.

GCP Applied Technologies

Saint-Gobain bought GCP Applied Technologies for $2.3 billion, or $32 per share.

VK

VK announced the completion of a multi-stage buyer selection process for its gaming division and the sale of MY.GAMES to LETA Capital managing partner Alexander Chachava. Transaction amounted to $642 million. MY.GAMES co-founder Vladimir Nikolsky is leaving VK to continue developing MY.GAMES. VK will continue to develop its own gaming services under the VK P...

Samolet Group of Companies

Samolet Group implements into Moscow area of Khimki of Iwakino Quarter project. It is planned to build 394.5 thousand square meters of housing on an area of 46.5 hectares - development will be carried out in five stages, and social infrastructure facilities, including three kindergartens, two schools, a polyclinic and a sports and recreation center. Permissi...

Sollers

Shareholders of Sollers Auto decided to return company's former name Sollers. Historical name of automobile holding is being returned due to the withdrawal of company from the control of former major shareholder - Sollers Group LLC, explained the Chairman of the Board of Directors of company Adil Shirinov.

Nebius Group

Online-retailer Yandex.Market opened its first logistics center in St. Petersburg. The area of the object is 16 thousand sq.m. New logistics complex will allow to sell goods with delivery all over Russia to a larger number of entrepreneurs in the North-West Federal District, Leningrad region and the whole North-West district, as well as to reduce the time fo...